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smaller increases to social security over time, why it would be a saving to the government. whether you like that or not it is actually not a terrible idea even though i'm going to get another bunch of tweets from people who said it is not terrible, may not be ideal. why are we having this conversation with a day and a half to go? 500-some-odd days ago they came one this concept of a sequester. they knew the fiscal cliff was coming. 12 years' notice we had these bush tax cuts were going to expire. these kind of discussions require air they require time they require debate and we are now having them. when john thune says he hopes that senator reid brings a bill to the floor and it is open to discussion and amendment, not today. not today. it's too late for that. make a deal and stop markets from going over the edge, stop this economy from going over the edge. they will ruin a good economy, martin this is ridiculous, irresponsible, disgusting behavior. >> you don't want to hear this kind of detailed conversation going on now? >> no. no. >> you want to get a deal done? >> forget t no more
also want to see hiring happening and that's where that government jobs report that we focus on once a month, that's where that comes into play. we're going to get the next one next week, that government jobs report and the big worry, carol, that's hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understanda
to be gathering some steam but washington, government, congress in particular is the single greatest impediment. it's a rational decision. >> get the act together. john avlon, thank you, my friend. don, it's a lot of intangibles here, don. this is the thing we have to think about. it's not just the tangibles of how much your taxes might go up or how much this might go down. it's the intangible of confidence. it's trust. you lose somebody's trust, how long does it take to get it back. it doesn't just come back tomorrow because you vote on something. >> i can't believe mitch mcconnell was there all day yesterday. >> it's crazy. >> he's working on a saturday. i never work on a saturday. wait a minute, i work every saturday. >> you get your job done. you don't get to tell your bosses, i'm going to do this another time. i'll get down to it in 516 days. >> but one day, one day i will be able to do that, at least i'd like to think that. >>> moving on, at the edge of the fiscal cliff, will the economy get sucked back into a recession or is a compromise possible? words of wisdom from a wall street journ
day pain relief with just two pills. >>> look, look. >> this is syria today. government war plains bombed the city of homs. it happened in alep powe as well. at least 80 people are reported dead across the country today. air strikes like these or in street fighting. these twin boys were among the 160 people killed in syria yesterday. it is so tragic. this is where they died. the man who shot this video said that syrian military artillery hit their home. it happen add few miles from where more than a hundred civilians died in a government air strike just a few days ago. >>> a man sent to syria to try to negotiate the end to the civil war says it could be over in a come of months. he's meeting with both sides in damascus, the rebels as well as the leaders. he speaks for thenited nations, not just syria. >> translator: some say i have come here to market a russian american project. i wish i could. there is no russian american problem so hence i did not come to market it. >> i want to bring in richard ross. brahimi is somebody who's very well respect bud somebody who's optimistic. when
relatives, nobody's safe in the city anymore. we don't really see the government picking up that as an issue. i mean safety is the first thing that you would assure to a citizen, right? >> reporter: this isn't the first time a rape case has been reported. but many more never are, but this case has become a lightning rod in india. dissolution with the government -- protesters say enough is enough. >> the brutality of this crime and the way it has been handled kind of insensitive treatment that some of the statements that some of the politicians and some of the people have made ensure that not only me -- i mean everybody has come out to see that this is not done and we are not okay with this. >> they want to see the government take concrete steps to address their concerns. >> surely, definitely. then you know, just faster justice systems. you need to have special courts when it's not open to the public. i think that's still a provision, but you need to have more courts and better hearing and stronger systems. >> reporter: it's no longer about one girl or one particular rape case. it's about in
rates are way below normal, so when they spike, which they inevitably will, and the government is borrowing very short term to keep its costs down, the deficit is going to swamp the economy. and at that point you're going to have the debt crisis, and you're going to need a whole new stream of revenues. the only thing that paul krugman and paul ryan agree on, in a crisis situation, only a value-added tax will solve this problem. by raising marginal tax rates to get us out of this potential crisis. so we need very, very steep spending cuts, all of the emphasis and debate has been over marginal tax rates which are really a minor part of the solution, no matter what political strife you happen to be. you have to realize that tremendous spending cuts are necessary and already the -- any changes to social security have been ruled out in a short-term solution and it's going to be very difficult, congressman from oklahoma was correct, it's going to be hand-to-hand combat in the next session to get any cuts. no one is talking about major cuts except some on the republican side. >> i hea
in western syria. witnesses say a government warplane dropped bombs on a bakery today where long lines of people were waiting just to get some bread. more than 100 people are dead now. i want to talk to cnn's mohammed j j jamjoon. >> reporter: it's horrific details that have emerged the past few hours since we first reported this bombing. activists tell us that around 3:00 to 4:00 p.m. local in syria today that this warplane dropped this shell on this bakery. they say that hundreds of people were lined up outside, that there had been shortages of food throughout the last week. this was the first day that that bakery that had been hit was open and that because of that, at least 100 people they say were killed. the video that we've seen posted online, we can't independently verify it, but it seems to be corroborated by what we've been told by activists. it shows an absolutely grisly scene, mangled bodies in the wreckage of the building and the rubble. you see rebel free syrian army soldiers and civilians trying to tend to the wounded, taking them to the hospital and pulling dead bodies o
this morning, saying the russian government's politically motivated decision will reduce adoption possibilities for children who are now under institutional care. were further concerned about statements that adoptions already under way may be stopped and hope that the russian government will allow those children who have already met and bonded with their future parents to finish the necessary legal procedures so that they can join their families. and as matthew said, there are just about 50 children that are in the pipeline right now. what senior state department officials are telling me is that they're hoping to get at least those through the pipeline, those children who have already met these parents to be able to be united with them, and then they'll work on trying to lift the whole ban, suzanne. >> elise, is there any kind of advice they're giving those families, those americans, who have already met with their potential children? what should they be doing now? >> reporter: well, right now all they can do, suzanne, is sit tight. they really -- the state department is working on these childr
said the government will blow through the borrowing limit that congress set in 2011. he warned the window to act is narrow or else a treasury could default. in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. o
agricultural law goes back into place, 1949 law, which basically means the federal government will go back in the business of strongly supporting the dairy industry by raising the price support, if you will, or support for dairy products to $38 a hundred weight. that's almost double what the price of milk is today. >> that price could even be $7 or more for a gallon of milk. the current national average is about $3.65. chris galen, he is the vice president of communications for the national milk producers federation. he says a price hike is also going to hurt the dairy farmers. he's joining us on the phone to tell us why. chris, good to have you here. first of all, explain to us how is it that the farmers themselves could be hurt as well if you don't have this farm bill extended. >> what we're asking congress to do, suzanne, is actually pass a new farm bill, as you mentioned, because that's going to provide dairy farmers a better safety net than what they've had in the past few years. 2012 was a really rough year for dairy farmers. they're really hurting now. we don't want to go back to th
enough revenue to cover government for agent eight days, seven or eight days and what do you do with the other 350-plus days leftover? you cannot continue to run trillion dollar deficits every year, because we are already at $16 trillion in debt. what we have is a debt crisis and quite frankly, i think that to our children, to our grandchildren, it is absolutely immoral that all of this would be kicked down the road, kicking that can down the road, and then heaped over on their heads. >> well, it is a little bit immoral that it is happening today and forget the grandchildren, but how about us? >> well, i agree with you, and well, that is why you have got inaction that you are looking at. hr-8, ali, that was a bill filed in january 2011 by the speaker. the senate knew it was coming to them, and the house knew it was coming to the floor, and they worked the bill and they got bipartisan support and that would have extended tax reductions for everybody. >> right. and it had bipartisan support, so that the thing is that it is inaction, and quite frankly, i hope that my colleagues in
of government in american life, that's why it is so hard to get to a deal. >> how dramatic. who would think talking about money and fiscal issues would garner so much drama, jessica. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $
and what the tax rates are going to be on, it will pay for at the most a week of what the government spends. you still have to deal with the other 358 days of the year. that's why wref to focus on how we spend the taxpayers' dollars, and most taxpayers think the money is being wasted. >> senator, thank you so much. we appreciate your time. of course, we are waiting for the president. he's expected to speak at the south court auditorium at the white house. this is happening at 1:30, about ten minutes or so away. we're very interested in whether or not the are meaty details, significant progress made from both sides. we have an outline and framework and based on the talks and negotiations taking place between the vice president and the head of the senate on the republican side. we will see if, in fact, they are making any real, real progress or if this is just a push from the president, a tactic to push the republicans and to get public support by using the bully pulpit there at the white house. we'll bring that for you just moments away. orrexion® deep wrinkle night cream. it's clinically p
. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action reall
at another bakery. that death toll is expected to climb. the syrian government said they had nothing to do with the attac attacks. they blame terrorists. what do americans think of the war in syria? according to a new poll, most are concerned but not enough for direct u.s. involvement. take a look at this. our numbers show that 34% are very concern ed about the situation in syria. just 46% somewhat concerned. but the majority of americans, 52%, oppose the u.s. and other countries using force to establish safe zones for opposition forces. >>> other international headlines to tell you about today, we expect to find out the official results of egypt's constitutional referendum vote. unofficial results of the second round published by state-run media show a commanding 64% of egyptians approved the new constitution drafted by an assembly dominated by the muslim brotherhood. several cases have already been filed in the courts to challenge that vote. >>> check out these photos from one of the most luxurious auctions of the year. they sold off thousands of treasures confiscated from former preside
Search Results 0 to 15 of about 16 (some duplicates have been removed)